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Thailand: Cash giveaways for relief ruled out

New relief measures for employees and self-employed workers ravaged by the coronavirus pandemic include soft loans with payment on principal and interest suspended for six months, but not cash giveaways, says a senior official at the Finance Ministry. Cash handouts are inappropriate at the moment and the budget is being spread thin, said finance permanent […]

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National Bank of Cambodia’s new measures greeted warmly

Banking and Finance industry insiders welcomed the new measures of the National Bank of Cambodia (NBC) which allow banks and other financial institutions to have stronger liquidity and to continue lending to the private sector amid the COVID-19 pandemic. The Cambodian Central Bank on Tuesday announced several new measures to facilitate and urge financial institutions […]

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A worker harvest oil palm fruits at Felda Sahabat in Lahad Datu. AZHAR MAHFOF/The Star (25/2/2013)
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Malaysia: CPO prices hit by uncertainties

KUALA LUMPUR: As the Covid-19 pandemic continues to develop, there could be an increase in demand for vegetable oils in China as the situation there improves even as demand slows in other countries hit hard by the outbreak. According to Affin Hwang Capital research, which has a neutral outlook on CPO, the impact on food […]

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